Interest Rate
# interest-rate - Thursday 5 July, 2012
The 5 at 5: Thursday
5 minutes, 5 stories, 5 o’clock…
ECB cuts interest rate to record low
Key eurozone interest rate cut by 0.25 per cent.
# interest-rate - Wednesday 27 June, 2012
Falling German inflation could mean ECB cut for mortgage holders
New data shows German inflation at its lowest for 18 months – meaning less pressure on the ECB to keep rates up.
# interest-rate - Tuesday 1 May, 2012
Good news for mortgage customers: PTSB to cut interest rate
The bank announced this afternoon it is cutting its interest rate to move closer in line with competitors.
# interest-rate - Thursday 9 February, 2012
ECB interest rates remain unchanged
ECB head Mario Draghi said that there are “tenatative” signs of stabilisation in the eurozone.
# interest-rate - Tuesday 13 December, 2011
Taoiseach urges banks to pass on interest rate cut
The ECB has announced a cut in interest rates – but AIB, Ulster Bank and National Irish Bank have all said they won’t pass on the cut to mortgage customers.
# interest-rate - Tuesday 6 December, 2011
ECB interest rate cut may be announced on Thursday
Homeowners could benefit from a cut by the European Central Bank in interest rates, which is expected to be up to 0.5 per cent.
# interest-rate - Friday 11 November, 2011
Gilmore urges other banks to follow AIB with rate cut
The Tánaiste has called on Bank of Ireland and Ulster Bank to also pass on the ECB rate reduction to mortgage customers.
# interest-rate - Thursday 10 November, 2011
AIB announces interest cut to variable rate mortgages
In a turnaround from yesterday, the bank has decided to implement a cut of 0.25 per cent on variable rate mortgages.
# interest-rate - Wednesday 9 November, 2011
AIB will not pass ECB interest rate cut to customers
The bank says it hasn’t passed on the ECB’s past two rate increases to customers and, similarly, would not be passing on the recent cut.
# interest-rate - Friday 4 November, 2011
Two banks will pass on ECB interest rate cut to mortgage holders
But aside from Permanent TSB and KBC Bank Ireland, what are the other banks doing?
# interest-rate - Wednesday 14 September, 2011
European Commission reduces margin on Irish bailout to zero
The EC says it’s lowering the interest on its part of Ireland’s bailout loans in line with that of the Eurozone’s portion.
# interest-rate - Thursday 8 September, 2011
Trichet: Ireland is gaining credibility and increasing creditworthiness
The ECB president has some kind words, as the main ECB interest rate remains unchanged – and could even be lowered soon.
Mortgage relief as ECB expected to avoid hiking interest rates
European Central Bank officials will meet in Frankfurt today to make a decision that will affect Irish homeowners.
# interest-rate - Tuesday 6 September, 2011
New bailout deal will reduce debt quicker than expected – ESRI
Ireland could return to normal lending markets by 2014 according to the economic think tank.
# interest-rate - Saturday 3 September, 2011
Relief for mortgage holders? Analysts reckon ECB will cut interest rates
The ECB had been expected to continue raising interest rates this year, but may now cut them to revive the economy.
# interest-rate - Thursday 4 August, 2011
ECB maintains 1.5 per cent rate amid Eurozone concerns
Spanish and Italian bond yields have eased slightly today on the 14-years highs they struck earlier.
ECB to meet amid one prediction that Italy will default
But Silvio Berlusconi insists the banks are solid and that his austerity plan will work.
# interest-rate - Saturday 23 July, 2011
Noonan warns bailout rate change won’t ease budget cuts
The next budget will contain further cuts of around €4bn, despite the country saving millions on its bailout loan payments.
# interest-rate - Friday 22 July, 2011
Poll: Are you happy with the new Eurozone deal?
Ireland is set to save between €600-€800m on its loans – does this go far enough?
The 9 at 9: Friday
Nine things to know this morning: Victory on our bailout interest, former NotW editor drops bombshell on James Murdoch, and Simon Cowell’s latest legal headache
Ireland 12.5, France 0: Corporate tax spat over as country to save hundreds of millions
A lower interest rate means savings of between €600 million and €800 million on Ireland’s loans. And corporate tax? C’est fini. But what’s the future for Europe?
# interest-rate - Thursday 21 July, 2011
Irish bailout rate ‘cut to under 4 per cent’ by draft agreement – report
RTÉ says a draft agreement being considered in Brussels would slash our interest rate and extend our repayments.
# interest-rate - Monday 18 July, 2011
# interest-rate - Sunday 17 July, 2011
The 9 at 9: Sunday
Nine things to know this morning: Rehn backs us on the bailout, early details of the next Budget, and the high-octane thrills of snail racing…
# interest-rate - Wednesday 13 July, 2011
Poll: Who do you believe… Moody’s or Michael Noonan?
The credit rating agency says Ireland will probably need a second bailout, while the Department of Finance says the economic plan is on track. Who to believe?…
# interest-rate - Tuesday 12 July, 2011
European Parliament president backs cut in bailout interest rate
Jerzy Buzek is in Ireland for a two-day visit, and will address the Seanad and an Oireachtas Committee on Ireland’s role.
Hopes of interest rate cut aided by statement from EU finance leaders
But when this and other debt burden reduction measures will take place is far from clear.
# interest-rate - Thursday 7 July, 2011
Mortgage holders braced for ECB interest rate hike
A hike of 0.25 per cent is expected – bad news for those with tracker and standard variable rate mortgages.
# interest-rate - Wednesday 29 June, 2011
Tánaiste expects a bailout interest rate cut this year
Eamon Gilmore tells TheJournal.ie that we’re closer to a reduction than ever before and says he expects it will happen this year.
# interest-rate - Friday 24 June, 2011
Kenny meets Sarkozy as tax issue shifts focus
Reluctance to cut Ireland’s bailout interest rate appears to now hinge on a different tax issue than our low corporate tax rate…
# interest-rate - Thursday 23 June, 2011
The Daily Fix: Thursday
In this evening’s wrap-up: All eyes on Brussels, a new plant at Sellafield, some classic tourist no-nos, and Dublin Zoo’s latest arrival…
# interest-rate - Monday 20 June, 2011
Caption competition: What’s so small, Madame Lagarde?
Christine Lagarde and Michael Noonan are in talks in Luxembourg this afternoon. But what is Christine saying here?
Take 5: Monday
5 minutes, 5 stories, 5 o’clock.
Noonan meets Lagarde as interest rate cut gets German backing
But will Sarkozy and France relent?
# interest-rate - Friday 17 June, 2011
Rate hike for EBS mortgage customers
The Standard Variable Rate is going up by a quarter of one per cent from 1 August.
Van Rompuy on interest rate reduction: “We need a deal”
The president of the European Council was speaking on his first visit to Ireland.
# interest-rate - Thursday 16 June, 2011
Sarkozy blocking Ireland’s attempts to get interest rate cut but Kenny has not yet met French president
It has emerged that the Taoiseach may not have even held a phone conversation with the French leader since taking office in March.
# interest-rate - Sunday 12 June, 2011
The Daily Fix: Sunday
In your rainy Sunday Fix: Gilmore says we can still get an interest rate cut; bad news for growth in Irish businesses; the result of our caption competition; and a bit of Eric Clapton to brighten up your evening.
# interest-rate - Thursday 9 June, 2011
ECB holds interest rate for now, but Trichet hints at July hike
The European Central Bank keeps its key rate unchanged for now – but Trichet’s “strong vigilance” means one next month.


























































